Bumble's App Revamp And Underwhelming Q1 Guidance Keeps The Analysts Waiting - Details Here
1. Bumble's Q1 revenue guidance fell below estimates, impacting investor confidence. 2. The company expects a significant drop in app payers, about 110K sequentially. 3. Wall Street analysts have lowered price targets for BMBL amidst the guidance. 4. Bumble's stock is currently down 26.9%, reflecting broader market concerns. 5. Analysts urge caution until a clearer path for stability emerges.